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Louisiana Statutes

§ 48:632 — Amount to be borrowed; payment of certificates of indebtedness

Louisiana § 48:632
JurisdictionLouisiana
Title 48Roads, Bridges and Ferries

This text of Louisiana § 48:632 (Amount to be borrowed; payment of certificates of indebtedness) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 48:632 (2026).

Text

The amount so borrowed for and on behalf of the parish or district shall not exceed seventy-five per cent of the estimated income to be realized from the special tax previously voted in the parish or district. The special taxes collected and the income therefrom shall be dedicated and set aside to the payment of the certificates of indebtedness as they mature.

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Nearby Sections

14
§ 48:600
§ 48:600
§ 48:600.1
District Five Road Commission of St. Landry Parish
§ 48:600.2
District Six Road Commission of St. Landry Parish
§ 48:600.3
District Eleven Road Commission of St. Landry Parish
§ 48:600.4
District Three Road Commission of St. Landry Parish
§ 48:601
St. Landry Parish Road District
§ 48:602
Public works districts; St. Landry Parish
§ 48:631
§ 48:631
§ 48:632
Amount to be borrowed; payment of certificates of indebtedness
§ 48:633
Due date of certificates; interest rate
§ 48:634
Manner of issuance; valid obligations
§ 48:671
§ 48:671
§ 48:672
Issuance of bonds or certificates of indebtedness
§ 48:673
Appropriations by parish governing authorities for highways
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Bluebook (online)
Louisiana § 48:632, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/48%3A632.